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United States · Amendment · HAMDT

HAMDT 62 (101st)

An amendment to make the proposed Resolution Funding Corporation an on-budget government corporation that would borrow directly from the Treasury to raise funds for dealing with insolvent thrifts. The amendment would exempt the Corporation's borrowing from Gramm-Rudman provisions of the budget, so that off-setting spending cuts or revenue increases would not be required. The Banking Committee provisions would make the Corporation an off-budget government-sponsored corporation funded by the sale of its own bonds.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Rostenkowski amendment (A006) Agreed to by recorded vote: 280 - 146 (Roll no. 90).

Sponsors

Rep. Rostenkowski, Dan [D-IL-8]

Subjects

Budget

Source updated

25 February 2022

Budget

Records

Official amendment HAMDT 62 (101st) from United States at United States Congress. Status: On agreeing to the Rostenkowski amendment (A006) Agreed to by recorded vote: 280 - 146 (Roll no. 90)..

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Votes

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Sources

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